Otherwise I'm simply working on finalizing this new GDX system,
I mean that's the most productive thing I can work on day like
today. One thing that I'm now testing is to see the stats of still
taking the trade at the close of the day, vs intra day when the 14
Stochastic crosses above 20% or below 80%. So far the results
are encouraging, it would honestly be simpler to just take the
trades at the close, vs us trying to get an email out intra day on
the exact trading hrs when the Stochastic crossed.
Posted by frtaylor on 27th of Dec 2011 at 04:43 pm
One thing that might be nice would be to email or put up a
sticky note when it's overbought/oversold on the 60 min chart, then
those who want to follow it intraday can get bumped to do so.
But an end-of-day notice is also fine. And thank you
for your effort on the system.
Actually under further investigation, the GDX system continues
to improve as you continue to zoom down into smaller and smaller
time frames. Kind of a fractal nature or those Russian
Matryoshka Dolls that contain smaller and smaller dolls inside each
other.
For example, we are getting the trigger from the daily Renko
chart and I already presented the statistics using a 60 min time
frame to better time the trades. However after looking at
things tonight, you can continue to zone in on better and better
prices, by after the 60 min chart is giving a buy signal, use a 15
min chart, and then a 5 min chart, and then a 1 min chart!
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Yawn...... Otherwise I'm simply working on
New GDX Swing System
Posted by matt on 27th of Dec 2011 at 03:48 pm
Yawn......
Otherwise I'm simply working on finalizing this new GDX system, I mean that's the most productive thing I can work on day like today. One thing that I'm now testing is to see the stats of still taking the trade at the close of the day, vs intra day when the 14 Stochastic crosses above 20% or below 80%. So far the results are encouraging, it would honestly be simpler to just take the trades at the close, vs us trying to get an email out intra day on the exact trading hrs when the Stochastic crossed.
One thing that might be
Posted by frtaylor on 27th of Dec 2011 at 04:43 pm
One thing that might be nice would be to email or put up a sticky note when it's overbought/oversold on the 60 min chart, then those who want to follow it intraday can get bumped to do so. But an end-of-day notice is also fine. And thank you for your effort on the system.
Actually under further investigation, the
Posted by matt on 27th of Dec 2011 at 11:25 pm
Actually under further investigation, the GDX system continues to improve as you continue to zoom down into smaller and smaller time frames. Kind of a fractal nature or those Russian Matryoshka Dolls that contain smaller and smaller dolls inside each other.
For example, we are getting the trigger from the daily Renko chart and I already presented the statistics using a 60 min time frame to better time the trades. However after looking at things tonight, you can continue to zone in on better and better prices, by after the 60 min chart is giving a buy signal, use a 15 min chart, and then a 5 min chart, and then a 1 min chart!